530 Spring StColumbus, OH 43215

Property Details for 530 Spring St

Year built

1936

Lot size

1.18 AC

Property size (Sq ft)

44,040 SF

Property type

Office buildings

APN

010-066552

APU

10066552

Description

This exceptional Class A office building, located at 530 W. Spring St. in Columbus, Ohio's Arena District, offers 3,907 square feet of immediately available space in a 44,000 square foot building. Built in 2001, this two-story building boasts multiple tenancy options, catering to a variety of office needs, including executive, medical, creative, and traditional office spaces. The property enjoys a highly desirable location, directly across from Crew Stadium and easily accessible from both east and westbound Spring Street. Its convenient proximity to Downtown Columbus, State Route 315, and I-70 ensures seamless commutes for employees and clients alike. The available space presents a unique opportunity for businesses seeking a modern, well-located office environment in a vibrant and dynamic area of Columbus. The building's prime location and versatile space make it an ideal choice for companies seeking to establish or expand their presence in the heart of the Arena District. The zip code is 43215, and the cross street is Hocking Street.

• CAP approach

  CAP return

  Valuation

  6%

  $8,415,508

  6.5%

  $7,768,161

  7%

  $7,213,292

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,119,502

  Geo Method

  $4,119,502

• Alternative Use

  Use

  Valuation

  Residential

  $9,632,519

  Hospitality

  $8,823,336

  Educational

  $7,340,912

  Medical

  $7,593,377

  Retail

  $11,419,196

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9665

Longitude

-83.0155

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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